Ergen Two-Year June 2022 DISH GRAT 4
4 · DISH Network CORP · Filed Jun 27, 2023
Insider Transaction Report
Form 4
Ergen Two-Year June 2022 DISH GRAT
10% Owner
Transactions
- Gift
Class B Common Stock
2023-06-23−87,000,000→ 0 total→ Class A Common Stock (87,000,000 underlying)
Footnotes (2)
- [F1]The holder of the Class B shares may elect to convert any or all of its Class B shares into an equal number of Class A shares at any time for no additional consideration.
- [F2]Pursuant to the terms of the Ergen Two-Year June 2022 DISH GRAT, 87,000,000 Class B shares were distributed as an annuity to Mr. Ergen on June 23, 2023. Following this distribution, the Ergen Two-Year June 2022 DISH GRAT expired pursuant to its terms.